Putin nationalizes Nestlé and Auchan’s russian operations
Russia is placing the Russian operations of Nestlé, Auchan, and Lemana Pro—the former Leroy Merlin—under its own "temporary" management. Once again, several major Western…
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Nestlé reviews options as Russia seizes assets
Nestlé is assessing its options after Russia placed the Swiss giant's operations in the country under "temporary administration". The post Nestlé reviews options as Russia seizes…
Nestlé weighs options after Russia takes control of local business
Nestlé is weighing its options after the Kremlin placed the company’s Russian business under temporary external administration. The Nescafé and KitKat maker said it was assessing…
US to temporarily relieve ground beef tariffs in bid to lower prices
President Donald Trump said he will allow 300,000 metric tons of product to enter the country duty-free for the next 90 days.
Russian firm ‘asks Kremlin to place Nestlé units in temporary management’
A Russian logistics business has reportedly asked the country’s government to put five Nestlé subsidiaries under the temporary administration of the state. The post Russian firm…
Hotel Chocolat forced to shut store as heatwave threatens to melt stock
Hotel Chocolat has been forced to temporarily close one of its stores and bring in emergency cooling equipment as record temperatures threaten to melt its chocolate stock. The…
Lifeway delivers record revenues in Q2
Gross Profit Margin equaled 19.5%, compared to 28.6% in the prior-year period, primarily reflecting elevated milk prices, temporary increases in resin costs for packaging and…